Graphene, a miracle material discovered in 2004, has always drawn
people's attention, and is still in the critical stage of R&D and
industrialization with the whole industry chain having not fully taken
shape.

Global graphene market size is only USD24.4 million in 2015, and most of
demand comes from semiconductor electronics, lithium battery and
composite materials industries, which seize a combined 60.1% share. As
progress is made in the industrialized application of graphene, global
graphene market size is expected to hit USD65 million in 2018.

China is a late starter in graphene research, but has achieved some
results driven by policies on new materials industry. Meanwhile, China,
through the setup of China Innovation Alliance of the Graphene Industry,
establishes 5 graphene industrial parks (Changzhou, Wuxi, Ningbo,
Qingdao, and Chongqing) to accelerate the industrialization of graphene.
China is the country with the most graphene patents in the world, having
cumulatively applied for 7,900 patents by the end of Mar 2015.

Propelled by the achievements and industrialization advancement, it is
expected that the Chinese graphene market will preliminarily take shape
in 2018 with a market value of around RMB200 million.